priceline.com Stock Rating Reaffirmed by TheStreet (PCLN)
priceline.com (NASDAQ:PCLN)‘s stock had its “positive” rating restated by stock analysts at TheStreet in a report issued on Tuesday, Analyst Ratings.Net reports.
The analysts wrote, “Priceline.com (PCLN) has been reiterated by TheStreet Ratings as a buy with a ratings score of A. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.”
Other equities research analysts have also recently issued reports about the stock. Analysts at Ned Davis Research downgraded shares of priceline.com from a “buy” rating to a “neutral” rating in a research note to investors on Tuesday, January 21st. Separately, analysts at Evercore Partners raised their price target on shares of priceline.com from $1,250.00 to $1,350.00 in a research note to investors on Wednesday, January 15th. They now have an “overweight” rating on the stock. Finally, analysts at UBS AG raised their price target on shares of priceline.com from $1,220.00 to $1,300.00 in a research note to investors on Monday, January 13th. They now have a “buy” rating on the stock. Four research analysts have rated the stock with a hold rating, twenty-seven have given a buy rating and one has issued a strong buy rating to the company’s stock. priceline.com has a consensus rating of “Buy” and an average price target of $1,164.90.
priceline.com (NASDAQ:PCLN) opened at 1152.96 on Tuesday. priceline.com has a 52 week low of $665.05 and a 52 week high of $1214.97. The stock has a 50-day moving average of $1171. and a 200-day moving average of $1050.. The company has a market cap of $59.293 billion and a price-to-earnings ratio of 32.98.
Priceline Com Incorporated, is an online travel company that offers its customers hotel room reservations at over 295,000 hotels worldwide through the Booking.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.